Land O’Lakes and C2 Energy Capital collaborate for 3 solar community projects
C2 Energy Capital LLC, a rapidly growing investor in renewable energy and storage assets, recently announced that Land O’Lakes, Inc. has subscribed to three of its completed community solar garden projects near the farmer-owned agricultural cooperative’s Minnesota headquarters. Offering farmers resources to help mitigate environmental impacts while increasing profit margins, Land O’Lakes is a subscriber to the clean power generated by the community solar gardens owned and operated by C2 Energy Capital near Woodbury, Minnesota.
“Land O’Lakes stewardship efforts supporting farmers, ag retailers, and food companies is impressive. We are pleased to work with an organization that holds our same values for quality and is creating a win-win situation for its members and the environment,” says Candice Michalowicz, co-founder and managing member of C2 Energy Capital.
The community solar projects total over 4 megawatts in size and are installed with SolarEdge inverter technology known for maximizing project energy yields and delivering the most advanced safety for rapid shutdown. Anticipated to produce more than 2,000,000 kilowatt-hours per year, the site’s solar energy production is the equivalent of offsetting 1,537 metric tons of greenhouse gas emissions annually or equal to the amount of carbon sequester by 1,847 acres of forests in one year.
As one of the largest farmer-owned agriculture cooperatives in the United States, Land O’Lakes, Inc. launched its sustainability solutions business unit, Truterra, in 2016 to advance and connect its stewardship efforts throughout the food system with scale.
“Within the farming community, our stewardship is defined by continuous improvement of the air, soil, water, and safeguarding of our natural resources for generations,” said Bryan Crane, Senior Manager, Commodity & Energy Risk at Land O’Lakes. “We have seen firsthand that C2 Energy Capital shares that same kind of continuous commitment to the construction, maintenance, and operations of their solar farms and we are confident we are in good hands for decades to come.”
C2 Energy Capital’s renewable energy project portfolio includes over 120 operating projects that span 16 states including landfill solar, distributed generation, commercial and industrial, large-scale, and community solar projects. With deep solar project financing and development knowledge, C2 Energy Capital brings a successful track record of decades of project acquisition, development, and completion.
— Solar Builder magazine
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